RapidAP for Universities
We have helped numerous universities manage their invoice processing and achieve Straight-Through-Processing (STP)
Partnering for success
Supporting universities in creating straight-through processing with AP automation
The transformation from paper-based to a cloud-based automation solution empowers universities to reduce their cost of processing while giving them total control of their invoice life cycle.
Some of our integrations
Key Educational provider challenges we can help you with
On average, we reduce our clients’ costs by 82%
Full Visibility Over The Invoice Life Cycle
Our solution provides a user-friendly invoice & tasks library that enables teams to cooperate, escalate invoices to the right user and have a clear understanding of the situation.
Clear Understanding Of Your Work
Transparency is key when it comes to AP automation and that is where reporting comes into place. Our report page enables companies to grasp their pain points and act accordingly.
Different Levels Of Authority For Faster Approvals
Approval is a key concern among manufacturers. Our solution allows to create approval rules that can suit your company’s structure and automatically send the invoice to the right user’s dashboard for fast approval.
Data Capture with AI-Driven OCR
RapidAP solution provides an in-built OCR, ABBYY, which is considered to be the leader on the market. Our average key stroke reduction is among the best in the industry and reduces manual data entry by 90%.
Integrated Engine Business Rules To Match Your Structure
We understand that your company has its own structure and requirements. That is why we created a flexible and intuitive business rules engine that caters to 90% of companies needs out of the box.
Straight-through-process is the ultimate goal for any company seeking to automate their AP function. Our holistic solution, condensing an OCR, a business rules engine and seamless integration enables companies to achieve a straight-through process even with Non-Purchase Orders.
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Discuss with one of our business analysts your current situation and find out more about RapidAP capabilities.